Wednesday, August 25, 2010

Recovery in danger as firms, homebuyers cut back

This headline implies that recovery was secure. All recoveries have been a by product of liquidity blasts since 2000. Expect several more iterations of the hemorrhage and injections cycle as capital continues to move from West to East.

The economic recovery appears to be stalling as companies cut back last month on their investments in equipment and machines and Americans bought new homes at the weakest pace in decades.

Source: news.yahoo.com

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